In 2020, Interpipe decreased its revenue by 25% YoY, to $841 million. Concorde Capital expects the EBITDA has decreased by 1%, to $257 million, due to the drop in the pipe segment by 85%, to $5 million, and in railroad products by 10%, to $171 million. The fall will be compensated for by a growth…Details
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Energomashspetsstal has completed another stage of producing a bulk reactor shell for the Akkuya nuclear power plant energy unit No. 3. The ingot weighing 415 tons was produced on March 2. The shell will be produced in Q3. The net weight of the shell will be 119.55 tons, diameter – 4.6 m and height –…Details
In 2020, Ukrainian seaports transported 15.78 million tons of metal products in 2020, up by 8% YoY. Exports increased by 8%, to 15.32 million tons, and transit – by 11.9%, to 421.2 thousand tons. The main shipper was Metinvest – 10.68 million tons, up by 12.1%. Most of Metinvest metal (40.7%) is shipped via the…Details
During the COVID-19 year, Interpipe has spent 73.5 million UAH to protect its employees. The company helps buy equipment for Dnepr, Nikopol and Novomoskovsk hospitals. Interpipe has also bought 200 thousand facemasks and respirators for its employees, as well as 7.3 thousand liters of antiseptics and conducted over 16 thousand PCR-tests. (Ukrainian metal)Details
ArcelorMittal Kryvyi Rih is deeply concerned with the misleading statements by SBU Head Ivan Bakanov regarding the company’s tax payments. The company has already provided the full and correct information to Bakanov in a letter, citing the tax and duties payments made over the past six years. The management of ArcelorMittal Kryvyi Rih hopes that…Details
Official launch of a gold processing plant took place at Jerooy mine on March 17. The Presidents of Kyrgyzstan Sadyr Japarov and Russia Vladimir Putin, as well as the head of the Alliance Group Musa Bazhaev and the Chairman of the Board of VTB Bank Andrey Kostin participated in the ceremony. The leader of Russia…Details
In 2020, Velikoanadolskiy Refractory Works decreased net profit by 62.8% YoY, to 2.185 million UAH. The undistributed profit reached 53.019 million UAH. The shareholders will consider the issue of spending the profit on the development of the company at an annual meeting on April 21. The company was founded in 1993. (Ukrainian metal)Details
Since the start of the year, Azovstal has mastered the manufacture of 4 new types of metal products. In particular, this is plate with the thickness of 100 mm of S355-6 steel according to GOST 27772-2015 and plate of 60 mm made of S355J2W steel according to EN 10025-5. Moreover, the company has also started…Details
In January-February, Magadan region extracted 4.7 tons of gold, up by 0.4 tons YoY. Silver output amounted to 92.2 tons. Alluvial season will begin in late April. Tenkinskiy city district yielded the most gold – 3.4 tons, while Omsukchansk district – 86.5 tons of silver. (Ukrainian metal)Details
Since the start of the year Ukrzaliznytsia has successfully carried out 27 auctions in the Prozorro.Sales system to sell ferrous scrap. In particular, on March 9-11 the company held 16 auctions selling 85.6 thousand tons of scrap for 569.1 million UAH. Last year, the company sold 145 thousand tons of scrap for 567 million UAH.…Details
In 2020, Metinvest enterprises paid 22.1 billion UAH of taxes to budgets of all levels, up by 5% YoY. This equals almost half of what all companies in Ukraine pay to the budget in a month. “Thanks to this, the government was able to survive the first and the most difficult year of the coronacrisis.…Details
In January-February, Yuzhniy Mining and Processing Works increased iron ore concentrate manufacture by 4.7% YoY, to 2.007 million tons. In February, UGOK produced 959.6 thousand tons of concentrate, up by 3.2%. In January, output grew by 6.2%, to 1047.4 thousand tons of concentrate. Sinter is no longer produced. (Ukrainian metal)Details
In January-February, metal companies increased consumption of natural gas and electricity. In particular, consumption of the natural gas grew by 6.5% YoY, to 330 million cubic meters. Metal companies also used 1920 million kW-h of electricity, up by 4.9%. (Ukrainian metal)Details